The Clear Lake Lumber Company was created in 1903 when Bratnober-Waite Lumber Company changed its name. This original Clear Lake Lumber Company merged with Skagit Logging Company and Mt. Baker Timber Company in 1913, forming a new Clear Lake Lumber Company. The company reached its peak in 1925, when 1,236 men were employed by the firm. However, the company was in receivership by the end of the year and, after a protracted court battle, the assets were sold at auction in 1927. The properties inventoried at 5 million dollars and was the largest sale of its kind ever held in northwest Washington.

Clear Lake was formerly an important sawmill town on the west side of Clear lake two miles south of Sedro-Woolley. The town faded when the Clear Lake Lumber Company mill burned in May of 1918. Although the loss did not prevent the replacement of the mill it eventually was closed when the local timber was cut. The name is reasonably descriptive, now that it is no longer used for extensive storage of saw logs. An early name was Mountain View.